Chinese Nuke Giants’ Big Renewables Push

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Chinese state-owned utilities have always been more motivated than their oil and gas compatriots in energy transition investments, driven by the much larger overlaps between the power generation business and renewable energy. The motivation is even stronger in the nuclear sector, which enjoys the same status as wind, solar and other renewable energy forms because they are all deemed “non-fossil” energy sources that are key to delivering on China’s net-zero emissions pledge. The three Chinese nuclear generation companies (gencos) that currently have commercially operating nuclear assets are: China General Nuclear (CGN), China National Nuclear Corp. (CNNC) and State Power Investment Corp. (SPIC) — all of which have sizeable renewable energy portfolios that account for around half — by capacity — of their operational assets.

Nuclear, Renewable Electricity , Hydrogen, Energy Storage, CO2 Emissions
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